👀 Ethereum co-founder Jeffrey Wilcke sent 20,000 ETH (~$72.5 million) to the Kraken Bitcoin exchange.
Spot On Chain experts noted that the transaction took place as Ethereum approached the $3,700 mark. This is Wilcke's fourth major sale since the beginning of the year, during which he sold a total of 44,300 ETH for $148 million at an average price of $3,342 per coin.
The programmer continues to hold 106,102 ETH for $381.26 million. The second-largest cryptocurrency makes up almost the entire portfolio of the Geth client developer in digital assets.
